According to the Office of Budget and Management (OBM), state tax receipts in all four major categories missed the mark last month and came in $171.3 million ( – 9.6%) below estimates for the month of March.

The Ohio Department of Taxation (ODT) posted the April 2024 Public Library Fund (PLF) distribution of $28,156,584 – which is $2.88 million (or – 9.3%) below ODT’s original estimate that was issued in July 2023; and $2.85 million (or – 9.2%) below ODT’s updated estimate issued in December 2023.

Overall, calendar year 2024 for the PLF is not off to a good start with the PLF coming in more than $8 million below estimate so far in the first four months.

This will be a major talking point for Legislative Day on April 24. Please be sure to register for both Legislative Day on April 24 and the Legislative Day Prep Webinar on April 12.

A look at the PLF distribution for the past three years and a link to an Excel spreadsheet listing each county’s distribution total for April 2024 can be found on the OLC website.